The current minimum wage in Bahamas is BSD6.50 per hour in 2023. It became valid on January 1, 2023.
- Valid on march 2024
- The amounts are in Bahamian Dollar.
Per hour | Per day | Per week | |
National Minimum Wage
Minimum wage with effect from January 1, 2023
Minimum Wages - last checked - 11/25/23
|
BSD6.50 | BSD52.00 | BSD260.00 |
Definitions
The Bahamas have a government-mandated minimum wage. No worker in Bahamas can be paid less then this mandatory minimum rate of pay.
Employers in Bahamas who fail to pay the Minimum Wage may be subject to punishment by the government of Bahamas.
Wages per month are calculated as 4.33 times if a weekly wage is defined. It is calculated as 4.33 times the standard hours per week if an hourly wage is given.